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Day Trading Mastery Guidebook for Beginners: Beginner Investor and Trader series
Day Trading Mastery Guidebook for Beginners: Beginner Investor and Trader series
Day Trading Mastery Guidebook for Beginners: Beginner Investor and Trader series
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Day Trading Mastery Guidebook for Beginners: Beginner Investor and Trader series

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Read this Joseph Quattrini book on your PC, Mac, smart phone, tablet or digital device or in paperback.

If you are considering investing and day trading as a business and have zero experience or information yet and you are searching around online at the booksellers this book is specifically written for you. The information in this book and all the books in my upcoming beginner investor and trader series on day trading and swing trading for brand new traders, have been written to save a brand new trader who has no experience or information a huge amount of learning curve time, and hopefully a lot of their hard earned money from buying courses, books and indicators they don’t need and will not help them make money in the live financial markets.

Make this the first book you buy versus the fifth. What is in this book is some of the most important information you will ever get in your life on live financial market trading if you want to win, be successful and make money every day in the live financial markets and be able to do it right away. If you have zero experience I encourage you to do and study the things this book suggests if you would like to make money right away. Everything in this book is based on how the market works in reality and what makes price move which is supply and demand.

There is a certain progression every brand new trader must go through to be able to drive their own money train. How you create your own long term wealth depends on you and you only. No one is making you start your new trading business. You owe it to yourself to do it the right way the first time so you don’t have an unfavorable financial outcome. The information in this book will put you on the fast track to knowledge, and help you find more of the information you need with the extra links that are provided.

Make this book your first investment in your new trading business reference library. You can use the information in this book to gain a skill set that will allow you to make an income for the rest of your life and be able to make money anywhere you are in the world every day anywhere there is WIFI, from the back of your boat, the beach, or on your G650 flying to Europe for the weekend.

Wishing you a profitable day!

Joseph Quattrini

LanguageEnglish
Release dateSep 15, 2015
ISBN9781516303281
Day Trading Mastery Guidebook for Beginners: Beginner Investor and Trader series

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    Day Trading Mastery Guidebook for Beginners - Joseph Quattrini

    Day Trading Mastery Guidebook for Beginners

    By Joseph Quattrini

    Copyright 2015

    Who I wrote this book for

    I like to start off all of my books with this section. It gives me a chance to really connect with you as a brand new trader and let you know that what I am writing about in this book is specifically written for you. All the books in my New Day Trader, Swing Trader, and Position Trader Learning Series are geared for people wishing to enter the business of making money with money who are brand new and have zero knowledge yet. Here is one thing I tell all brand new traders who come to me for mentoring. Those that attain the needed edge in market speculation will get paid from those who don’t. You can take that to the bank!!!

    As a brand new investor and trader with zero knowledge of the business you are at a loss as to what information you actually do and do not need. Much of what the current trading education industry is putting out is not only giving you information that is all backwards, it is very unrealistic to do in the live markets, and can get you into a lot of trouble. Why would you want to learn something that could potentially cause you to lose money right away in your new trading business? The trading education industry is not regulated so beware of that. Anyone can put out a YouTube video of anything and brand new traders who are watching these types of things thinking that what they are viewing are the right things to do.

    I get a lot of flak from the trading education community for opening up the door for new brand new traders and giving them real opportunity to learn trading the right way from the first day. Most trading shown in books, video training and webinars these days is taught not only unrealistically it shows you information you really don’t need and that cannot help you have an edge. They are showing you how to trade on information that has already happened, and there is zero edge in that.

    I have seen brand new investors and traders waste a serious amount of valuable education and training time on learning information that will not do them any good and can even cause them to lose some of their hard earned money right away in the live markets. No one wants that however it is a huge mistake that brand new traders make because they don’t know any better.

    New traders also spend way too much time on looking for the magical combination of indicators, settings and colors they think will show them something that is going to help them make more money. There are no shortcuts or bells that go ding to tell you to enter the right position so stop looking right now and if you are using something like that and you’re losing money that is why. All you need to see is right in front of you on the price chart and that is price and time. Those are the only things that professionals care about and nothing else. You can certainly use your chart like a crystal ball to tell you where price will go with a high degree of certainty and I will tell you how later in this book.

    Many of the things I tell brand new investors and traders in all my books may sound like I am a broken record and some things you read may sound repetitive. I do that for a specific reason because much of what trading is about is doing those same actions over and over again repetitively to make money the same way every day. It is the only way professional traders do it and how they develop their edge to win in the live markets against the best market participants in the world.

    The beautiful thing about the market is that it is always going to be there!! It's the best business in the world to be in as far as I am concerned. You can do it from anywhere on the planet there is WIFI so what could be wrong with kicking back on your boat at the marina or at the beach on a beautiful sunny day or flying to Europe to meet friends for the weekend. You always have a chance to make money. It's virtually 24/7. Just like a bank ATM right? It’s your job to develop your edge which is your PIN# for the ATM.

    The learning curve in this business and it is a business can be long, brutal and very very expensive if you learn the wrong way. This book aims to tell you how do study it the right way the first time and greatly reduce that long learning curve by showing you what the market is really made of and who are actually in control of it and when they are in control of it. When you have this information and can see it on a live price chart in real time and pull the trigger without hesitation you can make a lot of damn money!

    The more time you spend with learning trading the better you will get to know it and how to develop an edge. Once you can use this edge in real time you will be on your way to becoming a professional money making consistently profitable trader. I can't stress enough how important spending the proper amount of time is. Choose not to do this and you will surely lose some money perhaps all of it. Make no mistake about it; there are people in there in the live market who are there to take your money. Are you going to let them do that? Let’s have you learn the business the right way the first time from the first day.

    Once I tell you the basics to investing and day trading the live financial markets to make money every day with the smart money I encourage you to read every article and watch every video you can on the subject and incorporate the simple investing and trading principles you learn into your own core strategy when you put it together. Use the extra links provided at the end of the book to do more of your own research.

    Your core strategy can and should be very simple and really all you will need to make money with the smart money every day in the live financial markets or any liquid market for that matter. I use this method every time I initiate a position in the live market after doing my due diligence and research.

    The professional advice I give you in Day Trading Mastery Guidebook for Beginners will empower you to have confidence and zero fear of going in the live markets and accurately initiating a low risk high reward position with which you can have a high probability outcome from being a live market participant. Becoming a successful self-directed investor and trader is not nearly as difficult as one would think as long as they have the proper education and proper knowledge base right from day one. It takes a while but you can do it!

    If you need to learn this business from the ground up then Day Trading Mastery Guidebook for Beginners is definitely a good starting point for you. I encourage you to read it as many times as it takes for it to become clear to you as to what you do and do not need to learn to be successful in this business from the start. There are no money back guarantees in the financial markets however you must know the right information from the start to have a chance of becoming consistently profitable and financially successful.

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    Table of Contents

    Who I wrote this book for

    Starting your new business is easier than you think

    Know all the answers to the why questions before you do anything

    Expensive mistakes new traders make – just don’t make them

    The right education and training is critical from day one

    Money management is important to learn first before anything else

    You can just check your ego at the door

    The easiest trading method for a beginner to learn and master – supply and demand

    In the investing and trading business rules are not meant to be broken

    Ways beginners can increase their winning percentage

    Why you don't need indicators to trade

    Know who the competition is and how to beat them

    Develop a Wall Street bank mentality of doing your business

    My final advice to new beginner traders

    Bonus section

    Extra links

    Glossary

    Disclaimer

    Starting your new business is easier than you think

    If you have a computer you can start your business. If you do not for some reason have a computer you will need to buy one for sure. Here are some of the most important things you will need for your first home trading business set up.

    You will need a very strong internet connection as latency and speed count in the trading business. If you are trading and you live far from New York or Chicago where the exchanges are located, you will need a speedy connection with an excellent ping time to transmit your orders to the exchange so you can get your orders filled very quickly.

    You don’t quite need a T1 data line however the faster your cable connection is the faster your orders can get transmitted to the live market. I know with my cable company I pay a little extra for a better connection however it is well worth it.

    The computer itself should be powerful enough to do the job of running your trading platform software, monitors, and any other systems you are using for your trading business. Having enough RAM and CPU power is critical in order to be well prepared to tackle the markets daily. You want your real time data to actually be real time. I recommend no less than 16 gig of RAM and the more you can fit in the better if you want to have zero issues. I max my RAM out every time I get a new computer.

    Do you need to build a trading computer?  I suppose you could if you want to spend a lot of money to stroke your ego and be able to brag about how much money you spent on it. The true fact is that you really don’t need it and if you were to brag like that to a real money trader they would be laughing at you all the way to the bank!

    New people also think they need banks of monitors to see all the markets. Again, that is not true. You only need one monitor to start off. I trade strictly from my 17" HD laptop. That’s it. Although

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